840 County Rd Riverhead, NY 11901
- Lifestyle centers
- 11,000 SF
- 2.00 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 840 County Rd
- Year built
- 1985
- Lot size
- 2.00 lot acres
- Property size
- 11,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional commercial property, located at 840 Route 58 in Riverhead, New York, presents a unique owner-user investment opportunity. The 11,000 square foot building sits on a desirable 2-acre corner lot, boasting high visibility and significant frontage along two major roads: 225 feet on Old Country Road and 364 feet on Ostrander Avenue. Built in 1985, this single-story structure features an 18-foot ceiling height and is zoned for commercial use (Zoning 3). The property's strategic location benefits from high traffic volume, with approximately 25,000 vehicles passing daily, making it ideal for a variety of uses. Its versatile nature allows for adaptation to various businesses, including auto dealerships, medical offices, retail stores, restaurants, or professional services. An external loading dock adds to its functionality. The property's 2024 real estate taxes are $44,226.14. The occupancy date is November 5, 2024. Seller financing is available for qualified buyers, and lease or ground lease options will be considered. This prime location and flexible options make this an attractive investment for discerning buyers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Riverhead
- County
- Suffolk
- State
- New York
- Longitude
- -72.6693
- Latitude
- 40.9345
